Posted 3/9/2024, 10:16:19 AM
Analyst Predicts 200% XLM Rise and DeFi Altcoin Rebound
- Analyst Nicholas Merten says XRP competitor Stellar (XLM) could go up by 200% against Bitcoin
- Merten offers positive outlook on decentralized finance altcoins Aave, Compound, and Uniswap, says they are oversold
- On Aave, Merten sees a "nice trend" against the US dollar signaling more upside potential
- Merten says Compound has "Solid foundation", far away from 2021 highs of around $854
- Merten believes Ethereum gains could act as catalyst for Uniswap and other Ethereum-based DeFi tokens
